QNB , a subsidiary of QNB Group, the largest financial institution in the Middle East and Africa, has been awarded the Best Trade Finance Bank in Egypt by The Digital Banker for the second consecutive year. The award is granted in accordance with several international standards, most importantly in innovation and quality of service provided by the bank to customers, as well as excellence and creativity in banking. QNB has been awarded these honors after stringent adjudication by The Digital Banker’s judging panel, under which the bank successfully fulfilled the criteria for these categories.
The awards were recently distributed during a virtual ceremony in the presence of representatives of various banks in Egypt, the Middle East and North Africa.
Receiving this prestigious award from The Digital Banker reflects the Bank’s continuous efforts in providing a banking environment that enhances trade finance activity, which reflected in supporting the economic development process in Egypt, that in turn helps facilitating import and export operations, capital financing, trade facilities and others.
QNB has recently been able to provide the necessary financing to many companies operating in the Egyptian market, to help them increase their activities and expand their business to achieve added value in the Egyptian economy. In turn, this helps reducing the impact of the global crisis on the local market.
The bank has also introduced a distinguished package of banking services and products that facilitate trade finance operations for customers. In addition , the bank has a network of international correspondents to complete all transactions and services for customers, including exporters and importers, in a safe and smooth manner.